cotton: world markets and trade...the u.s. share of imports in these markets for the aug-dec 2017...

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For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/ new. Approved by the World Agricultural Outlook Board/USDA U.S. Market Share Expanding Across Markets U.S. exports in 2016/17 are forecast at 14.0 million bales, a 53-percent increase from the previous season. With global trade expected to rise by less than 4 percent and with stable import forecasts for major U.S. markets, U.S. market share will have to expand significantly in many countries for the forecast to be obtained. Overall, the U.S. share of world trade is expected to reach 39 percent, up from 26 percent last season, which would be the highest level in 6 years. Available customs data from countries that account for over two-thirds of total world imports shows that the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 percent in the same period a year earlier, in line with the overall increase in U.S. trade share indicated by this month’s forecast. Higher U.S. market share is indicated in nearly all U.S. markets with data reported, with an exceptional increase in Taiwan. The U.S. share of China’s imports has rebounded remarkably from 11 percent last year (the lowest in over 2 decades) to 35 percent, which is in line with the historical average. For major markets where there is no timely customs data (specifically Vietnam, Indonesia, Pakistan, and Bangladesh), reported U.S. exports for the Aug-Feb period are up by more than 140 percent, even though total imports by these countries are expected to show a much lower rate of growth. This further supports the strong growth in U.S. global market share. United States Department of Agriculture Foreign Agricultural Service April 2017 Cotton: World Markets and Trade

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Page 1: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/ new.

Approved by the World Agricultural Outlook Board/USDA

U.S. Market Share Expanding Across Markets

U.S. exports in 2016/17 are forecast at 14.0 million bales, a 53-percent increase from the previous season.

With global trade expected to rise by less than 4 percent and with stable import forecasts for major U.S.

markets, U.S. market share will have to expand significantly in many countries for the forecast to be

obtained. Overall, the U.S. share of world trade is expected to reach 39 percent, up from 26 percent last

season, which would be the highest level in 6 years.

Available customs data from countries that account for over two-thirds of total world imports shows that

the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27

percent in the same period a year earlier, in line with the overall increase in U.S. trade share indicated by

this month’s forecast. Higher U.S. market share is indicated in nearly all U.S. markets with data reported,

with an exceptional increase in Taiwan. The U.S. share of China’s imports has rebounded remarkably

from 11 percent last year (the lowest in over 2 decades) to 35 percent, which is in line with the historical

average.

For major markets where there is no timely customs data (specifically Vietnam, Indonesia, Pakistan, and

Bangladesh), reported U.S. exports for the Aug-Feb period are up by more than 140 percent, even though

total imports by these countries are expected to show a much lower rate of growth. This further supports

the strong growth in U.S. global market share.

United States Department of Agriculture Foreign Agricultural Service April 2017

Cotton:

World Markets and Trade

Page 2: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Overview

For 2016/17, global use is raised only marginally, and production is raised, resulting in global ending

stocks up slightly. Global trade is up marginally, while U.S. exports are raised by 800,000 bales, reducing

U.S. ending stocks. The U.S. season-average farm price forecast is lowered a half-cent to 68 cents/pound.

For current prices received by farmers click here; NASS farm price

Prices

The A-Index and U.S.

spot prices ended

March off slightly

from levels earlier in

the month, which

were the highest seen

in nearly three years.

For more information

on U.S. spot price

click here; AMS

Cotton Market News

2016/17 TRADE OUTLOOK

Major Importers:

Bangladesh is cut 200,000 bales to 6.2 million on weakening reported import values and low

availability from major partners such as Uzbekistan.

Thailand is raised 100,000 bales to 1.3 million as demand is now expected to be stronger in the

latter part of the season.

Indonesia is increased 100,000 bales to 3.2 million on strong shipments from major suppliers,

especially the United States.

Pakistan is raised 100,000 bales to 2.7 million on higher mill use.

India is up 100,000 bales to 2.3 million on a strong pace of trade to date, likely reflecting internal

prices that remain high compared to the world.

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 3: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Major Exporters:

United States is hiked 800,000 bales to 14.0 million on continued high shipments and sales to all

major markets.

India is lowered 500,000 bales to 4.0 million as high domestic prices slow sales.

Australia is lowered 200,000 bales to 3.9 million as old crops stocks are exhausted and yet-to-

arrive new-crop faces stronger competition.

Uzbekistan is down 200,000 bales to 1.5 million on lower demand in some of its major markets as

well as policies withholding supplies for domestic use.

Greece is raised 100,000 bales to 950,000 on higher production as well as a strong pace of trade to

date.

Brazil is raised 100,000 bales to 2.9 million on higher carryin stocks due to reduced use estimates

in the back year.

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 4: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database

for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand

Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

FAS Reports and Databases:

**Updated** Current World Market and Trade and World Agricultural Production Reports:

https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads

Archives World Market and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

**Updated** Production, Supply and Distribution Database (PSD Online):

https://apps.fas.usda.gov/psdonline/app/index.html#/app/home

Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx

Export Sales Report:

http://apps.fas.usda.gov/esrquery/

Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/

Economic Research Service:

http://www.ers.usda.gov/topics/crops

National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/

Questions may be directed to:

James Johnson (202) 690-1546 [email protected]

Lyman Stone (202) 720-0683 [email protected]

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 5: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Albania

-2-80-80-10000 2015/16

-3-120-120-130-20 2016/17

Australia

100000-2000-100030 2016/17

Bangladesh

0-2000-2000-200000 2016/17

Belgium-Luxembourg

-1-20-2-2-5000 2016/17

Brazil

100-1000-10000000 2015/16

225000100252001000 2016/17

Bulgaria

010010010000 2016/17

China

25000000250050 2016/17

Colombia

-5-100-100-15000 2016/17

Germany

-10-150-150-25000 2016/17

Greece

-20-30-25-5100050010 2016/17

Hungary

100001000 2016/17

India

600000-500100000 2016/17

Indonesia

50500500100000 2016/17

Israel

10000-100000 2011/12

10000000100 2012/13

-50001500100 2013/14

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 6: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

15000-2000-50 2014/15

20000-500150 2015/16

50001500200 2016/17

Mali

15000250400-15 2016/17

Pakistan

-50100010050100000 2016/17

Portugal

-1-50-51-5000 2016/17

South Africa

14505001909 2016/17

Spain

-1000000-1000 2015/16

-9000001-100 2016/17

Switzerland

-2-50-50-7000 2016/17

Taiwan

-250000-25000 2016/17

Thailand

-212002010000 2015/16

-22100010011000-210 2016/17

Turkey

50000-500000 2016/17

United States

-8000008000000 2016/17

Uzbekistan

-100100010000000 2015/16

251500150-200075-1000 2016/17

Zimbabwe

4000010050025 2016/17

World

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 7: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

World

10000-100000 2011/12

10000000100 2012/13

-50001500100 2013/14

15000-2000-50 2014/15

-1312012-4-10-10150 2015/16

427136-25161150141585-13109 2016/17

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 8: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 MT)

2012/13 2013/14 2014/15 2015/16

Mar

2016/17

Apr

2016/17

Production none

6,205 India 6,750 6,423 5,748 5,879 5,879

7,620 China 7,131 6,532 4,790 4,899 4,953

3,770 United States 2,811 3,553 2,806 3,751 3,751

2,025 Pakistan 2,068 2,308 1,524 1,676 1,676

1,306 Brazil 1,742 1,524 1,285 1,415 1,459

1,002 Australia 893 501 621 980 958

1,002 Uzbekistan 893 849 827 773 789

4,047 Other 3,920 4,260 3,456 3,645 3,679

26,976 Total 26,207 25,950 21,057 23,018 23,145

USE Dom. Consumption none

7,838 China 7,512 7,403 7,620 7,893 7,893

4,736 India 5,062 5,334 5,280 5,171 5,171

2,341 Pakistan 2,264 2,308 2,243 2,221 2,243

1,023 Bangladesh 1,154 1,263 1,328 1,459 1,415

1,317 Turkey 1,372 1,393 1,448 1,372 1,372

490 Vietnam 697 893 958 1,154 1,154

762 United States 773 778 751 718 718

5,106 Other 5,069 4,885 4,592 4,492 4,549

23,612 Total 23,902 24,257 24,220 24,479 24,514

Imports none

1,089 Bangladesh 1,154 1,252 1,350 1,393 1,350

525 Vietnam 697 931 980 1,176 1,176

4,426 China 3,075 1,804 959 980 980

804 Turkey 924 800 918 708 708

683 Indonesia 651 728 640 675 697

392 Pakistan 261 207 718 566 588

258 India 147 267 233 479 501

2,201 Other 2,069 1,864 1,863 1,852 1,861

10,378 Total 8,978 7,852 7,663 7,829 7,859

Exports none

2,836 United States 2,293 2,449 1,993 2,874 3,048

1,690 India 2,016 914 1,255 980 871

1,343 Australia 1,056 523 621 893 849

938 Brazil 486 851 939 610 631

697 Uzbekistan 588 533 544 370 327

261 Burkina 278 229 283 250 250

174 Mali 196 185 218 234 239

2,166 Other 2,015 2,001 1,831 1,616 1,644

10,105 Total 8,928 7,686 7,683 7,827 7,860

Ending Stocks none

10,965 China 13,653 14,570 12,671 10,646 10,701

2,568 India 2,495 2,936 2,383 2,590 2,720

1,263 Brazil 1,670 1,640 1,363 1,526 1,575

827 United States 512 795 827 980 806

522 Australia 393 396 421 533 555

590 Pakistan 539 629 569 553 542

286 Turkey 295 347 345 307 317

3,038 Other 2,937 3,015 2,557 2,566 2,577

20,060 Total 22,494 24,329 21,136 19,700 19,793

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 9: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 Bales)

2012/13 2013/14 2014/15 2015/16

Mar

2016/17

Apr

2016/17

Production none

4,600 Australia 4,100 2,300 2,850 4,500 4,400

6,000 Brazil 8,000 7,000 5,900 6,500 6,700

35,000 China 32,750 30,000 22,000 22,500 22,750

28,500 India 31,000 29,500 26,400 27,000 27,000

9,300 Pakistan 9,500 10,600 7,000 7,700 7,700

17,314 United States 12,909 16,319 12,888 17,230 17,230

4,600 Uzbekistan 4,100 3,900 3,800 3,550 3,625

18,586 Other 18,006 19,568 15,875 16,739 16,899

123,900 Total 120,365 119,187 96,713 105,719 106,304

USE Dom. Consumption none

4,700 Bangladesh 5,300 5,800 6,100 6,700 6,500

4,100 Brazil 4,200 3,400 3,100 3,200 3,200

36,000 China 34,500 34,000 35,000 36,250 36,250

21,750 India 23,250 24,500 24,250 23,750 23,750

3,050 Indonesia 3,050 3,250 3,000 3,050 3,100

1,800 Mexico 1,850 1,850 1,850 1,725 1,725

10,750 Pakistan 10,400 10,600 10,300 10,200 10,300

6,050 Turkey 6,300 6,400 6,650 6,300 6,300

3,500 United States 3,550 3,575 3,450 3,300 3,300

2,250 Vietnam 3,200 4,100 4,400 5,300 5,300

14,500 Other 14,182 13,936 13,141 12,656 12,867

108,450 Total 109,782 111,411 111,241 112,431 112,592

Imports none

5,000 Bangladesh 5,300 5,750 6,200 6,400 6,200

20,327 China 14,122 8,284 4,406 4,500 4,500

1,187 India 675 1,226 1,072 2,200 2,300

3,137 Indonesia 2,989 3,345 2,941 3,100 3,200

1,314 Korea, South 1,286 1,321 1,175 1,000 1,000

950 Mexico 1,040 830 975 1,075 1,075

1,800 Pakistan 1,200 950 3,300 2,600 2,700

1,511 Thailand 1,546 1,475 1,275 1,200 1,300

3,692 Turkey 4,246 3,675 4,218 3,250 3,250

2,410 Vietnam 3,200 4,275 4,500 5,400 5,400

6,336 Other 5,632 4,934 5,132 5,232 5,173

47,664 Total 41,236 36,065 35,194 35,957 36,098

Exports none

6,168 Australia 4,852 2,404 2,850 4,100 3,900

350 Benin 475 525 725 725 725

4,307 Brazil 2,230 3,910 4,314 2,800 2,900

1,200 Burkina 1,275 1,050 1,300 1,150 1,150

1,100 Greece 1,285 1,168 959 850 950

7,761 India 9,261 4,199 5,764 4,500 4,000

800 Mali 900 850 1,000 1,075 1,100

800 Turkmenistan 1,625 1,500 1,250 800 800

13,026 United States 10,530 11,246 9,153 13,200 14,000

3,200 Uzbekistan 2,700 2,450 2,500 1,700 1,500

7,699 Other 5,871 5,997 5,474 5,049 5,074

46,411 Total 41,004 35,299 35,289 35,949 36,099

Ending Stocks none

2,399 Australia 1,807 1,818 1,933 2,448 2,548

5,801 Brazil 7,668 7,532 6,259 7,009 7,234

50,361 China 62,707 66,920 58,198 48,898 49,148

11,795 India 11,459 13,486 10,944 11,894 12,494

2,710 Pakistan 2,475 2,890 2,615 2,540 2,490

1,315 Turkey 1,357 1,596 1,583 1,408 1,458

3,800 United States 2,350 3,650 3,800 4,500 3,700

13,952 Other 13,488 13,848 11,746 11,785 11,837

92,133 Total 103,311 111,740 97,078 90,482 90,909

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 10: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Table 04 Cotton Area, Yield, and Production

From last month From last year

MBalesPercent

Yield

(Kilograms per hectare)

Apr 2014/15 MBales

Country / Region

Area

(Million hectares)

Production

(Million 480 lb. bales)

Change in Production

2014/15

Prel.

2015/16 Mar Mar

Prel.

2015/16 Apr

Prel.

2015/16 Mar Apr Percent

2016/17 Proj.2016/17 Proj. 2016/17 Proj.

2014/15

34.21World 9.929.590.550.59106.3030.50 29.22 29.33 758 690 788 789 119.19 96.71 105.72

3.78United States 33.694.340.000.0017.233.27 3.85 3.85 939 859 974 974 16.32 12.89 17.23

30.43Total Foreign 6.265.250.660.5989.0727.23 25.37 25.48 736 670 759 761 102.87 83.83 88.49

none

Western Hemisphere

1.02 Brazil 13.560.803.080.206.700.96 0.93 0.93 1,494 1,345 1,522 1,569 7.00 5.90 6.50

0.18 Mexico -20.15-0.180.000.000.730.13 0.10 0.10 1,578 1,521 1,579 1,579 1.32 0.91 0.73

0.48 Argentina -15.15-0.130.000.000.700.38 0.30 0.30 499 479 508 508 1.10 0.83 0.70

0.02 Paraguay -16.000.000.000.000.020.01 0.01 0.01 435 419 416 416 0.03 0.03 0.02

0.03 Peru -20.00-0.020.000.000.060.02 0.01 0.01 992 1,021 1,005 1,005 0.12 0.08 0.06

0.03 Colombia -22.50-0.020.000.000.060.03 0.02 0.02 844 562 794 794 0.12 0.08 0.06

Africa

0.66 Burkina 18.180.200.000.001.300.66 0.70 0.70 445 363 404 404 1.35 1.10 1.30

0.54 Mali 27.180.273.330.041.240.55 0.67 0.66 419 390 390 412 1.04 0.98 1.20

0.42 Cote d'Ivoire 11.860.070.000.000.660.40 0.35 0.35 449 321 411 411 0.86 0.59 0.66

0.23 Cameroon -8.74-0.050.000.000.470.22 0.23 0.23 502 510 455 455 0.53 0.52 0.47

0.40 Benin 38.000.190.000.000.690.41 0.42 0.42 395 269 362 362 0.73 0.50 0.69

0.26 Chad 27.780.080.000.000.350.29 0.30 0.30 231 203 250 250 0.27 0.27 0.35

0.13 Togo 6.670.010.000.000.160.10 0.11 0.11 383 327 317 317 0.22 0.15 0.16

0.03 Senegal 5.260.000.000.000.040.03 0.03 0.03 435 276 348 348 0.05 0.04 0.04

0.16 Egypt -45.31-0.150.000.000.180.10 0.06 0.06 728 697 693 693 0.53 0.32 0.18

0.20 Zimbabwe 263.640.1533.330.050.200.10 0.18 0.20 212 120 187 218 0.20 0.06 0.15

0.22 Nigeria 0.000.000.000.000.250.24 0.24 0.24 203 227 227 227 0.20 0.25 0.25

Asia Oceania

4.40 China 3.410.751.110.2522.753.05 2.85 2.90 1,484 1,570 1,719 1,708 30.00 22.00 22.50

12.85 India 2.270.600.000.0027.0011.90 10.50 10.50 500 483 560 560 29.50 26.40 27.00

2.95 Pakistan 10.000.700.000.007.702.80 2.40 2.40 782 544 699 699 10.60 7.00 7.70

0.13 Kazakhstan 42.500.090.000.000.290.10 0.11 0.11 408 440 564 564 0.24 0.20 0.29

0.18 Tajikistan -5.57-0.020.000.000.390.15 0.17 0.17 611 599 515 515 0.49 0.41 0.39

0.55 Turkmenistan -8.62-0.130.000.001.330.50 0.55 0.55 609 631 529 529 1.53 1.45 1.33

1.29 Uzbekistan -4.61-0.182.110.083.631.29 1.18 1.18 661 644 655 669 3.90 3.80 3.55

0.43 Turkey 20.750.550.000.003.200.37 0.40 0.40 1,620 1,559 1,742 1,742 3.20 2.65 3.20

0.21 Australia 54.391.55-2.22-0.104.400.31 0.55 0.58 2,443 1,989 1,781 1,652 2.30 2.85 4.50

0.06 Syria 5.260.010.000.000.200.04 0.04 0.04 1,089 1,034 1,089 1,089 0.30 0.19 0.20

0.30 Burma 1.390.010.000.000.730.24 0.24 0.24 652 656 662 662 0.90 0.72 0.73

Europe

0.28 Greece -0.99-0.015.260.051.000.25 0.20 0.21 1,007 898 1,034 1,037 1.29 1.01 0.95

1.85Others 4.090.110.750.022.671.63 1.55 1.56 351 343 371 372 2.98 2.57 2.65

Note: Yeild for Total Foreign and Others is an incorrect calculation.

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 11: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2016/17

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 40040978243 Afghanistan 17

2 004511 Albania 1

15 00152000 Algeria 5

3 3051052 Angola 2

15 32506002,027700300 Argentina 1,102

0 000000 Armenia 0

0 3,900-150356,3334,400580 Australia 2,548

15 00151800 Austria 3

0 5007017715052 Azerbaijan 57

50 00505800 Bahrain 8

6,200 0106,5007,86012043 Bangladesh 1,350

50 00506000 Belarus 10

35 180204300 Belgium-Luxembour 5

0 7250151,038690415 Benin 298

6 002029145 Bolivia 9

225 2,900-1503,20013,1846,700930 Brazil 7,234

35 004554102 Bulgaria 9

0 1,1500151,6001,300700 Burkina 435

50 508001,009730240 Burma 204

1 001200 Cambodia 1

0 475020615470225 Cameroon 120

2 002200 Canada 0

0 3005453535 Central African Republic 10

0 300010401345300 Chad 91

0 000000 Chile 0

4,500 50036,25085,44822,7502,900 China 49,148

175 552352986217 Colombia 53

2 0017211530 Congo (Kinshasa) 4

25 00253511 Costa Rica 10

0 575030730660350 Cote d'Ivoire 125

0 000000 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0

12 00121400 Czech Republic 2

0 000000 Denmark 0

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 12: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2016/17 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

1 004534 Dominican Republic 1

70 00759493 Ecuador 19

525 1201058087917555 Egypt 169

165 0016521111 El Salvador 46

10 00101200 Estonia 2

65 0026031120080 Ethiopia 51

50 80456100 France 8

165 25014519100 Germany 21

0 20010352816 Ghana 5

35 95025901,1371,000210 Greece 72

107 0011013232 Guatemala 22

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

0 000000 Hong Kong 0

4 300400 Hungary 1

2,300 4,000023,75040,24427,00010,500 India 12,494

3,200 503,1003,73353 Indonesia 628

280 150550700300100 Iran 135

30 0050732313 Iraq 23

2 002200 Ireland 0

2 8004105658 Israel 21

185 10017520800 Italy 23

260 0026530500 Japan 40

0 200080348285110 Kazakhstan 68

15 0035441820 Kenya 9

95 001502055519 Korea, North 55

1,000 501,0251,24900 Korea, South 219

0 3502454015 Kyrgyzstan 8

3 003400 Latvia 1

5 005600 Lebanon 1

65 00658500 Lesotho 20

0 000000 Lithuania 0

5 005600 Macedonia 1

0 10050716030 Madagascar 11

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 13: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2016/17 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 16005256160130 Malawi 91

360 150025048700 Malaysia 87

0 1,1000251,6261,240655 Mali 501

95 0010012300 Mauritius 23

1,075 100251,7252,370725100 Mexico 520

45 00455700 Moldova 12

50 00506411 Morocco 14

0 12005185115110 Mozambique 60

2 002300 Netherlands 1

0 90112104 Nicaragua 2

0 6031395 Niger 4

50 600240379250240 Nigeria 79

2,700 2002510,30013,0157,7002,400 Pakistan 2,490

0 000000 Panama 0

2 15010382111 Paraguay 13

260 503254456013 Peru 115

45 00476021 Philippines 13

15 00151800 Poland 3

160 1016019800 Portugal 37

2 002300 Romania 1

300 0030036400 Russia 64

0 3505464025 Senegal 6

8 0081000 Serbia 2

20 25003300 Singapore 8

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

80 400951916919 South Africa 56

15 26002530627161 Spain 21

8 00131755 Sri Lanka 4

0 6008522913050 Sudan 84

0 000000 Sweden 0

8 00101200 Switzerland 2

0 13507526420040 Syria 54

675 0071086100 Taiwan 151

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 14: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2016/17 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 300040710390165 Tajikistan 370

0 1350175629200300 Tanzania 319

1,300 1251,2751,50021 Thailand 199

0 150015202160110 Togo 37

30 004053102 Tunisia 13

3,250 27506,3008,0333,200400 Turkey 1,458

0 80006502,1541,325545 Turkmenistan 704

0 100051609065 Uganda 55

10 0091200 Ukraine 3

2 002300 United Kingdom 1

10 14,000403,30021,04017,2303,853 United States 3,700

0 000000 Uruguay 0

0 1,50001,7004,4733,6251,180 Uzbekistan 1,273

15 001001248515 Venezuela 24

5,400 005,3006,18231 Vietnam 882

0 1030383218 Yemen 7

0 21505403200210 Zambia 183

0 901530249200200 Zimbabwe 114

World

36,098 36,099-120112,592239,480106,30429,332 World 90,909

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 15: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2016/2017

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 90921189 Afghanistan 4

0 001100 Albania 0

3 003400 Algeria 1

1 101210 Angola 0

3 71013144115265 Argentina 240

0 000000 Armenia 0

0 849-3381,379958126 Australia 555

3 003400 Austria 1

0 11015393311 Azerbaijan 12

11 00111300 Bahrain 2

1,350 021,4151,711269 Bangladesh 294

11 00111300 Belarus 2

8 404900 Belgium-Luxembour 1

0 1580322615090 Benin 65

1 004631 Bolivia 2

49 631-336972,8711,459202 Brazil 1,575

8 00101220 Bulgaria 2

0 25003348283152 Burkina 95

11 1017422015952 Burma 44

0 000000 Cambodia 0

0 1030413410249 Cameroon 26

0 000000 Canada 0

0 7011088 Central African Republic 2

0 6502877565 Chad 20

0 000000 Chile 0

980 1107,89318,6044,953631 China 10,701

38 115165134 Colombia 12

0 004537 Congo (Kinshasa) 1

5 005800 Costa Rica 2

0 1250715914476 Cote d'Ivoire 27

0 000000 Croatia 0

2 003311 Cuba 0

0 000000 Cyprus 0

3 003300 Czech Republic 0

0 000000 Denmark 0

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 16: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2016/2017 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 001111 Dominican Republic 0

15 00162021 Ecuador 4

114 2621261913812 Egypt 37

36 00364600 El Salvador 10

2 002300 Estonia 0

14 0057684417 Ethiopia 11

11 20101300 France 2

36 50324200 Germany 5

0 402863 Ghana 1

8 20752024821846 Greece 16

23 00242910 Guatemala 5

0 300433 Guinea 1

1 002212 Haiti 0

4 005610 Honduras 1

0 000000 Hong Kong 0

1 100100 Hungary 0

501 87105,1718,7625,8792,286 India 2,720

697 1067581311 Indonesia 137

61 301201526522 Iran 29

7 00111653 Iraq 5

0 000000 Ireland 0

0 170123142 Israel 5

40 20384500 Italy 5

57 00586600 Japan 9

0 44017766224 Kazakhstan 15

3 0081044 Kenya 2

21 003345124 Korea, North 12

218 1022327200 Korea, South 48

0 8001093 Kyrgyzstan 2

1 001100 Latvia 0

1 001100 Lebanon 0

14 00141900 Lesotho 4

0 000000 Lithuania 0

1 001100 Macedonia 0

0 201115137 Madagascar 2

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 17: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2016/2017 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 3501563528 Malawi 20

78 3305410600 Malaysia 19

0 23905354270143 Mali 109

21 00222700 Mauritius 5

234 22537651615822 Mexico 113

10 00101200 Moldova 3

11 00111400 Morocco 3

0 2601402524 Mozambique 13

0 000100 Netherlands 0

0 200321 Nicaragua 0

0 101321 Niger 1

11 13052835452 Nigeria 17

588 4452,2432,8341,676523 Pakistan 542

0 000000 Panama 0

0 302852 Paraguay 3

57 107197133 Peru 25

10 00101300 Philippines 3

3 003400 Poland 1

35 00354300 Portugal 8

0 000100 Romania 0

65 00657900 Russia 14

0 8011095 Senegal 1

2 002200 Serbia 0

4 500700 Singapore 2

0 000000 Slovakia 0

1 001200 Slovenia 0

1 002223 Somalia 0

17 902142154 South Africa 12

3 5705675913 Spain 5

2 003411 Sri Lanka 1

0 13019502811 Sudan 18

0 000000 Sweden 0

2 002300 Switzerland 0

0 2901657449 Syria 12

147 0015518700 Taiwan 33

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 18: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2016/2017 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 65091558536 Tajikistan 81

0 290381374465 Tanzania 69

283 0527832700 Thailand 43

0 3303443524 Togo 8

7 0091220 Tunisia 3

708 6001,3721,74969787 Turkey 317

0 1740142469288119 Turkmenistan 153

0 2201352014 Uganda 12

2 002300 Ukraine 1

0 000100 United Kingdom 0

2 3,04897184,5813,751839 United States 806

0 000000 Uruguay 0

0 3270370974789257 Uzbekistan 277

3 002227193 Venezuela 5

1,176 001,1541,34610 Vietnam 192

0 007874 Yemen 2

0 4701884446 Zambia 40

0 2037544444 Zimbabwe 25

World

7,859 7,860-2624,51452,14123,1456,386 World 19,793

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 19: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2015/2016

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 400501058745 Afghanistan 15

5 0081011 Albania 2

14 00152000 Algeria 5

3 3051052 Angola 2

17 22706002,139825375 Argentina 1,312

0 000000 Armenia 0

0 2,850-150354,6682,850312 Australia 1,933

18 30152100 Austria 3

0 260601137023 Azerbaijan 27

50 00505800 Bahrain 8

6,200 0106,1007,65011943 Bangladesh 1,540

50 00506000 Belarus 10

49 180325800 Belgium-Luxembour 8

0 7250151,088500405 Benin 348

4 102030145 Bolivia 9

91 4,314-1503,10013,5235,900955 Brazil 6,259

23 003241102 Bulgaria 9

0 1,3000151,6151,100660 Burkina 300

50 508001,034720239 Burma 229

1 001200 Cambodia 1

0 550020715515220 Cameroon 145

2 002200 Canada 0

0 2805433034 Central African Republic 10

0 280010346270290 Chad 56

0 000000 Chile 0

4,406 128035,00093,32622,0003,050 China 58,198

178 352453148031 Colombia 61

2 0017211530 Congo (Kinshasa) 4

25 00202911 Costa Rica 9

0 775030875590400 Cote d'Ivoire 70

0 000000 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0

12 00131500 Czech Republic 2

0 000000 Denmark 0

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 20: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

1 004534 Dominican Republic 1

64 00759093 Ecuador 15

450 15010620959320100 Egypt 179

167 0016521011 El Salvador 45

10 0081000 Estonia 2

45 0023027617565 Ethiopia 46

56 150457100 France 11

202 30017523100 Germany 26

0 15010322816 Ghana 7

28 95950951,2061,010245 Greece 102

106 0011013232 Guatemala 22

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

2 200200 Hong Kong 0

3 400400 Hungary 0

1,072 5,764024,25040,95826,40011,900 India 10,944

2,941 1503,0003,54353 Indonesia 528

250 150525660275100 Iran 120

30 0060803020 Iraq 20

2 002200 Ireland 0

2 6004102739 Israel 38

182 10017520800 Italy 23

310 0030535000 Japan 45

0 190010035320099 Kazakhstan 63

15 0035461821 Kenya 11

95 001502055519 Korea, North 55

1,175 501,2251,47900 Korea, South 249

0 4002474015 Kyrgyzstan 5

3 003400 Latvia 1

4 004500 Lebanon 1

65 00608000 Lesotho 20

0 000000 Lithuania 0

5 005600 Macedonia 1

0 10050716030 Madagascar 11

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 21: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 18005281150125 Malawi 96

443 142022048900 Malaysia 127

0 1,0000251,411975545 Mali 386

129 0012014800 Mauritius 28

975 131251,8502,576908130 Mexico 570

35 00354700 Moldova 12

46 00688111 Morocco 13

0 1000517590110 Mozambique 70

1 002300 Netherlands 1

0 90112104 Nicaragua 2

0 5041395 Niger 4

50 600240379250240 Nigeria 79

3,300 2502510,30013,1907,0002,800 Pakistan 2,615

0 000000 Panama 0

2 20010452513 Paraguay 15

210 303504787516 Peru 125

47 00476021 Philippines 13

15 00151800 Poland 3

171 2017021000 Portugal 38

2 002300 Romania 1

290 0030036400 Russia 64

0 3505463830 Senegal 6

8 0081000 Serbia 2

40 30004300 Singapore 13

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

75 66696210469 South Africa 42

14 26402530926163 Spain 20

8 00131755 Sri Lanka 4

0 8008526413050 Sudan 99

0 000000 Sweden 0

16 00151900 Switzerland 4

0 100012028419040 Syria 64

707 0073592100 Taiwan 186

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 22: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 450020790413150 Tajikistan 320

0 850175689270400 Tanzania 429

1,275 1251,2701,49421 Thailand 198

0 165015222150100 Togo 42

30 004053102 Tunisia 13

4,218 23106,6508,4642,650370 Turkey 1,583

0 1,25006502,7291,450500 Turkmenistan 829

0 80051559265 Uganda 70

8 0091100 Ukraine 2

2 200300 United Kingdom 1

33 9,1531683,45016,57112,8883,268 United States 3,800

0 000000 Uruguay 0

0 2,50001,6004,9483,8001,285 Uzbekistan 848

15 001001248515 Venezuela 24

4,500 004,4005,17931 Vietnam 779

0 1030373218 Yemen 6

0 19505403207225 Zambia 203

0 125153021955100 Zimbabwe 49

World

35,194 35,28939111,241243,64796,71330,499 World 97,078

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 23: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2015/2016

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

19 90110410 Afghanistan 3

0 002110 Albania 0

0 003310 Algeria 1

1 101100 Angola 0

180 490131428282 Argentina 286

0 000000 Armenia 0

621 621-338039668 Australia 421

0 103410 Austria 1

15 6013095 Azerbaijan 6

0 00111120 Bahrain 2

26 021,3281,3502909 Bangladesh 335

0 00111120 Belarus 2

0 4071120 Belgium-Luxembour 2

109 15803012888 Benin 76

3 004131 Bolivia 2

1,285 939-33675201,640208 Brazil 1,363

2 007520 Bulgaria 2

239 283030112144 Burkina 65

157 10174115752 Burma 50

0 000000 Cambodia 0

112 1200404448 Cameroon 32

0 000000 Canada 0

7 601037 Central African Republic 2

59 610201763 Chad 12

0 000000 Chile 0

4,790 2807,62095914,570664 China 12,671

17 115339127 Colombia 13

3 004017 Congo (Kinshasa) 1

0 004510 Costa Rica 2

128 1690706287 Cote d'Ivoire 15

0 000000 Croatia 0

1 003201 Cuba 0

0 000000 Cyprus 0

0 003310 Czech Republic 0

0 000000 Denmark 0

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 24: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

1 001001 Dominican Republic 0

2 00161441 Ecuador 3

70 332135984122 Egypt 39

0 00363690 El Salvador 10

0 002200 Estonia 0

38 0050101214 Ethiopia 10

0 30101230 France 2

0 70384460 Germany 6

6 302013 Ghana 2

220 209112163753 Greece 22

1 00242350 Guatemala 5

3 300013 Guinea 1

1 002102 Haiti 0

1 005410 Honduras 1

0 000000 Hong Kong 0

0 100100 Hungary 0

5,748 1,25505,2802332,9362,591 India 2,383

1 306536401301 Indonesia 115

60 30114542922 Iran 26

7 0013744 Iraq 4

0 000000 Ireland 0

16 1301062 Israel 8

0 20384060 Italy 5

0 00666790 Japan 10

44 4102203322 Kazakhstan 14

4 008335 Kenya 2

12 003321124 Korea, North 12

0 10267256660 Korea, South 54

9 900023 Kyrgyzstan 1

0 001100 Latvia 0

0 001100 Lebanon 0

0 00131430 Lesotho 4

0 000000 Lithuania 0

0 001100 Macedonia 0

13 2011027 Madagascar 2

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 25: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

33 390102927 Malawi 21

0 3104896100 Malaysia 28

212 21805095119 Mali 84

0 00262840 Mauritius 6

198 29540321215128 Mexico 124

0 008830 Moldova 3

0 00151070 Morocco 3

20 220101924 Mozambique 15

0 000000 Netherlands 0

2 200001 Nicaragua 0

2 101011 Niger 1

54 13052111752 Nigeria 17

1,524 5452,243718629610 Pakistan 569

0 000000 Panama 0

5 402043 Paraguay 3

16 107646423 Peru 27

0 00101020 Philippines 3

0 003310 Poland 1

0 00373780 Portugal 8

0 000000 Romania 0

0 006563160 Russia 14

8 801027 Senegal 1

0 700910 Singapore 3

0 000000 Slovakia 0

0 001100 Slovenia 0

2 002103 Somalia 0

10 1412116192 South Africa 9

57 57053714 Spain 4

1 003211 Sri Lanka 1

28 1701902911 Sudan 22

0 000000 Sweden 0

0 003310 Switzerland 1

41 220260209 Syria 14

0 00160154470 Taiwan 40

90 980408233 Tajikistan 70

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 26: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

59 1903809187 Tanzania 93

0 05277278470 Thailand 43

33 360301622 Togo 9

2 009730 Tunisia 3

577 5001,44891834781 Turkey 345

316 27201420278109 Turkmenistan 180

20 170101414 Uganda 15

0 002210 Ukraine 0

0 000000 United Kingdom 0

2,806 1,993377517795712 United States 827

0 000000 Uruguay 0

827 54403480250280 Uzbekistan 185

19 0022353 Venezuela 5

1 009589801470 Vietnam 170

7 007014 Yemen 1

45 420104349 Zambia 44

12 273703622 Zimbabwe 11

World

21,057 7,683824,2207,66324,3296,640 World 21,136

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 27: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Table 09: World Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Beginning

Stocks

Area

Harvested

Production Imports Total

Supply

Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Stock to

Use %

World

6347,58975,58225275,33028,078151,24928,98180,14231,58142,126 1985/86

4335,41782,27417982,09533,350151,04133,09370,35929,34747,589 1986/87

3932,60984,68053484,14630,103147,39230,52981,44630,87135,417 1987/88

3631,05085,88064285,23833,481150,41133,58284,22033,83132,609 1988/89

2924,97887,13923486,90531,357143,47432,70379,72131,69631,050 1989/90

3227,46785,69417085,52429,560142,72130,57887,16533,15324,978 1990/91

4336,96586,55636886,18828,204151,72529,02495,23434,75827,467 1991/92

4034,50486,4006386,33725,435146,33927,06782,30732,64336,965 1992/93

3327,82785,70314385,56026,620140,15027,96777,67930,71834,504 1993/94

3832,01484,292-33084,62228,118144,42430,30086,29732,25027,827 1994/95

4740,12985,396-54485,94027,396152,92127,00493,90335,92032,014 1995/96

5144,63387,351-58587,93626,777158,76128,57990,05333,74040,129 1996/97

5749,46786,686-58187,26726,777162,93025,92992,36833,79744,633 1997/98

6252,85283,651-1,11484,76523,517160,02024,48086,07332,88549,467 1998/99

5651,14090,485-60291,08727,126168,75127,97687,92332,35052,852 1999/00

5449,57090,754-1,42492,17826,156166,48026,22989,11132,01251,140 2000/01

5854,68293,636-78194,41729,081177,39929,32298,50733,71949,570 2001/02

4947,88397,658-80498,46230,400175,94130,23391,02630,77954,682 2002/03

4948,42697,174-90998,08333,152178,75234,17596,69432,26347,883 2003/04

5661,004107,975-1,245109,22034,949203,92833,985121,51735,75948,426 2004/05

5361,940115,168-1,793116,96144,922222,03044,693116,33334,50361,004 2005/06

5163,309122,548-1,715124,26337,401223,25838,305123,01334,71361,940 2006/07

5162,768121,688-2,094123,78238,893223,34939,463120,57732,88963,309 2007/08

5762,604108,835-1,536110,37130,252201,69130,623108,30030,63062,768 2008/09

4047,732119,483-62119,54535,664202,87936,916103,35930,23362,604 2009/10

4451,371115,4709115,46134,821201,66236,300117,63033,71347,732 2010/11

7274,632103,886-370104,25645,956224,47445,460127,64336,10051,371 2011/12

8592,133107,652-798108,45046,411246,19647,664123,90034,40774,632 2012/13

94103,311109,419-363109,78241,004253,73441,236120,36532,72692,133 2013/14

100111,740111,524113111,41135,299258,56336,065119,18734,214103,311 2014/15

8797,078111,28039111,24135,289243,64735,19496,71330,499111,740 2015/16

8190,909112,472-120112,59236,099239,48036,098106,30429,33297,078 2016/17

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 28: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Table 10: United States Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Area

Harvested

Yield Beginning

Stocks

Production Imports Total

Supply

Exports Use Loss Ending

Stocks

Stock to

Use %

United States

232,668-3355,8915,92614,1502811,1223,0004535,348 1980/81

566,632-1235,2646,56718,3402615,6462,6686085,601 1981/82

747,937-425,5135,20718,6152011,9636,6326613,939 1982/83

222,7752385,9216,78615,720127,7717,9375692,973 1983/84

354,102-745,5386,21515,7812412,9822,7756734,200 1984/85

1129,348-1546,4131,96017,5673313,4324,1027064,140 1985/86

365,026-807,4526,68419,08239,7319,3486183,427 1986/87

415,771-1827,6176,58219,788214,7605,0267924,059 1987/88

517,0921657,7826,14821,187515,4115,7716944,835 1988/89

183,000-1638,7597,69419,290212,1967,0926883,860 1989/90

142,344-2858,6577,79318,509415,5053,0007114,748 1990/91

233,70489,6136,64619,9711317,6142,3447315,245 1991/92

304,662-19010,2505,20119,923116,2183,7047854,501 1992/93

203,530-810,4186,86220,802616,1344,6626795,173 1993/94

132,650-3811,1989,40223,2122019,6623,5307945,391 1994/95

142,6092710,6477,67520,95840817,9002,6506026,478 1995/96

223,971-811,1266,86521,95440318,9422,6097915,216 1996/97

213,8874111,3497,50022,7771318,7933,9717545,425 1997/98

273,939-39410,4014,29818,24443913,9183,8877014,324 1998/99

233,91514510,1946,75021,0049716,9683,9396805,433 1999/00

386,000-4838,8626,74021,1191617,1883,9157085,282 2000/01

407,4481807,69611,00026,3242120,3036,0007905,596 2001/02

285,3851667,27311,90024,7246717,2097,4487465,025 2002/03

173,4502116,26613,75823,6854518,2555,3858184,858 2003/04

265,4951086,69114,43626,7302923,2513,4509585,284 2004/05

266,069-2005,87117,67329,4132823,8905,4959315,586 2005/06

539,4793034,93512,95927,6761921,5886,0699125,152 2006/07

5510,0514294,58413,63428,6981219,2079,4799854,245 2007/08

386,337-2633,54113,26122,876012,82510,0519123,063 2008/09

192,947-143,55012,03718,520012,1836,3378703,049 2009/10

142,6001823,90014,37621,058918,1022,9479104,330 2010/11

223,350-1723,30011,71418,1921915,5732,6008863,829 2011/12

233,8003483,50013,02620,6741017,3143,3509993,772 2012/13

172,3502923,55010,53016,7221312,9093,8009213,053 2013/14

253,6502103,57511,24618,6811216,3192,3509393,783 2014/15

303,8001683,4509,15316,5713312,8883,6508593,268 2015/16

213,700403,30014,00021,0401017,2303,8009743,853 2016/17

Foreign Agricultural Service/USDA April 2017Office of Global Analysis

Page 29: Cotton: World Markets and Trade...the U.S. share of imports in these markets for the Aug-Dec 2017 period was 36 percent, compared to 27 ... Cotton Market News 2016/17 TRADE OUTLOOK

Table 11: Foreign Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Area

Harvested

Yield Beginning

Stocks

Production Imports Total

Supply

Exports Use Loss Ending

Stocks

Total Foreign

17,94130259,13020,33997,71227,22552,25518,23242127,021 1980/81

19,20236258,04519,19796,80625,67253,19317,94142427,337 1981/82

17,51734461,45320,30899,62226,05154,36919,20243127,455 1982/83

21,50625862,75918,547103,07027,04758,50617,51745627,947 1983/84

38,02454865,27820,985124,83527,60575,72421,50655829,541 1984/85

38,24140668,91726,118133,68228,94866,71038,02452927,441 1985/86

30,39125974,64326,666131,95933,09060,62838,24150925,920 1986/87

26,83871676,52923,521127,60430,52766,68630,39154226,812 1987/88

23,95847777,45627,333129,22433,57768,80926,83851728,996 1988/89

21,97839778,14623,663124,18432,70167,52523,95852827,836 1989/90

25,12345576,86721,767124,21230,57471,66021,97854928,405 1990/91

33,26136076,57521,558131,75429,01177,62025,12357329,513 1991/92

29,84225376,08720,234126,41627,06666,08933,26151128,142 1992/93

24,29715175,14219,758119,34827,96161,54529,84252525,545 1993/94

29,364-29273,42418,716121,21230,28066,63524,29754026,859 1994/95

37,520-57175,29319,721131,96326,59676,00329,36456229,442 1995/96

40,662-57776,81019,912136,80728,17671,11137,52054328,524 1996/97

45,580-62275,91819,277140,15325,91673,57540,66256528,372 1997/98

48,913-72074,36419,219141,77624,04172,15545,58055028,561 1998/99

47,225-74780,89320,376147,74727,87970,95548,91357426,917 1999/00

43,570-94183,31619,416145,36126,21371,92347,22558626,730 2000/01

47,234-96186,72118,081151,07529,30178,20443,57060528,123 2001/02

42,498-97091,18918,500151,21730,16673,81747,23462425,754 2002/03

44,976-1,12091,81719,394155,06734,13078,43942,49862327,405 2003/04

55,509-1,353102,52920,513177,19833,95698,26644,97670230,475 2004/05

55,871-1,593111,09027,249192,61744,66592,44355,50969628,917 2005/06

53,826-2,018119,31524,442195,56538,272101,42555,86874729,561 2006/07

52,714-2,523119,18625,259194,63639,440101,37053,82677128,644 2007/08

56,265-1,273106,82216,991178,80530,61695,47552,71475427,567 2008/09

44,784-48115,98923,627184,35236,91191,17656,26573027,184 2009/10

48,770-173111,55720,445180,59936,28799,52844,78473729,383 2010/11

71,281-198100,95234,242206,27745,437112,07048,77075632,271 2011/12

88,332-1,146104,94633,385225,51747,650106,58671,28175830,635 2012/13

100,959-655106,22730,474237,00541,217107,45688,33278829,673 2013/14

108,088-97107,82824,053239,87236,045102,868100,95973630,431 2014/15

93,276-129107,78326,136227,06635,15383,825108,08867027,231 2015/16

87,207-160109,28422,099218,43036,08089,07493,27676125,479 2016/17

Foreign Agricultural Service/USDA April 2017Office of Global Analysis